Ticonderoga Securities analyst Brian White said it was
difficult to find an iPad 2 over the weekend.

"Our field checks over the weekend indicate that the iPad 2
sold out at every Apple and non-Apple store we contacted,"
White wrote in a research note. "In fact, all the stores had
worked through iPad 2 inventory by Saturday afternoon, and
there were no new iPad 2 deliveries on Sunday."

Wedbush Securities analyst Scott Sutherland said: "We would
not be surprised to see Apple sell closer to 1 million iPad 2's
in the opening weekend."

Best Buy (BBY.N) on Friday said some of its outlets ran out
of the tablet and its accessories within 10 minutes.
[ID:nL3E7EB0H6]

The newest iPad is thinner, faster and features a pair of
cameras for video chat. The pricing remains the same as the
first-generation model, starting at $499. [ID:nL3E7E20BI]

The iPad 2's early success is a warning sign of a global
tablet bubble, where supply could outpace demand for tablets by
about 36 percent, said J.P. Morgan analyst Mark Moskowitz.

Samsung (005930.KS) and Motorola (MMI.N) have already
launched tablet devices, while Blackberry maker RIM RIM.TO
RIMM.O and Hewlett-Packard Co (HPQ.N) are set to release
similar products in coming months.

Apple's share of the tablet market is expected to be 61
percent in 2011, whereas whereas the company's rivals are
likely to have a tough time attracting customers, Moskowitz
wrote in a note.

The iPad 2 will launch in 26 more countries on March 25.
(Reporting by Gabriel Madway and Jennifer Robin Raj; Editing
by Saumyadeb Chakrabarty and Derek Caney)